This can't be good news:
In
a series of novel experiments, researchers Gregory A. Huber (Yale), Seth J.
Hill (University of California, San Diego), and Gabriel S. Lenz (University of
California, Berkeley) found that voters are susceptible to these biases even
when given financial incentives to behave otherwise and when the information
necessary to avoid these biases was readily available.
The
findings suggest that incumbents who associate themselves with good news for
which they bear no responsibility, implement policies that generate good news
close to elections at the expense of overall voter welfare, and use rhetoric
that encourages people to focus on how they feel in the here and now, ignoring
the long-term, could benefit at the ballot box.
The
results of the games showed that even though the players' earnings were the
only accurate information they had about their incumbent politician's
performance, the other manipulations affected the players. They tended to
punish or reward the incumbent based on whether or not they had won or lost a
lottery, and gave greater weight to earnings closer to the election when they
learned about the election closer to it or after certain rhetorical statements.
They persisted in this irrational behavior even when it was made clear to them
that their fictional incumbent had had nothing to do with the lottery and that
events closer to the election were no more informative of the incumbent's true
performance than events further from the election.
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